By doing this, and using full nil-rate bands and residential nil-rate bands, potentially a farm worth up to £3m could eventually be passed on with no inheritance ... years from the date of the gift.

A renewed focus on succession planning and innovation driven by a younger generation could be a "silver lining" to the tax ...

There is disagreement about how many farms will lose out from the inheritance tax plans. Steve Reed, the environment ...

I am 67 and have two buy-to-lets. I use the rental income to live on. I haven't touched my private pension - but should I ...

He famously sang alongside his fellow Beatles in protest at the imposition of a 'supertax' under Harold Wilson's Labour ...

He famously sang alongside his fellow Beatles in protest at the imposition of a 'supertax' under Harold Wilson's Labour ...

To avoid estate taxes, wealthy Americans buy offshore life insurance policies, and stash assets including mansions in trusts.

The rich always like to avoid paying their fare share of tax which is why Jeremy Clarkson by his own admission forked out ...

Millions of British families are missing "two crucial steps" in protecting their loved ones' financial futures from soaring ...

Inheritance tax (IHT) receipts for 2024-25 are on course to be 40% higher than three years ago, new HMRC figures show. Since ...

So, claims Ms. Reeves, a typical farm business with the husband and wife’s allowances together, plus the nil rate band ... inheritance the family would have 20 percent of £2m to pay, or a £400,000 tax ...

Since the government unveiled its new inheritance tax plans for farmers in last month’s Budget, there has been intense debate ...